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News Release - |
Harvest Gold To Begin Drilling Gold Targets at Lesavage
North Property,
Rice Lake Gold Belt, Manitoba
June 28, 2006
Harvest Gold Corporation (HVG – TSX.V) June 28, 2006 (the
“Company”) is pleased to announce that diamond drilling of gold targets on its
Lesavage North property (formerly the Johnston property) in the Rice Lake Gold
Belt in Manitoba, Canada will commence shortly. A drill rig is being mobilized
onto the property and drill targets are selected.
The first 8 drill holes will vary from 100 m to 250 m lengths and will total
approximately 1300 meters on the recently discovered Red Hill gold zone. The IP
geophysics, just completed over the gold zone, indicates mineralization may
extend over a strike length of 800 m and to a depth of 300m, the depth limit of
the survey. The gold discovered at Red Hill is associated with very fine grained
pyrite and arsenopyrite, which responds well to this survey method. This
drilling will test the strike length and the strongest anomalies identified at
depth beneath the area where gold mineralization was discovered in the 2005
drill program.
Up to 700m of additional drilling is planned for newly identified anomalies 1 km
along strike from the Red Hill zone discovery area. Surface geochemical sampling
of the on-strike anomalous zones has been completed and results are pending.
Company geologists await confirmation that gold and other pathfinder elements
accompany the strong chargeability anomaly identified in the IP survey to
determine the best drill locations.
The Company’s first drill program on the property, in October 2005, occurred at
the west end of the anomaly. It resulted in the discovery of the Red Hill gold
zone and reported up to 7.5 g/t Au over 2 metres in one drill hole and multiple
lower grades intervals of 3.4 g/t gold or less in adjacent holes. (See January
18, 2006 Press release)
The gold-bearing alteration associated with the gold discovered at the Red Hill
zone is ankerite (iron-magnesium carbonate) which is found in association with
many Red Lake gold deposits. Other occurrences of the same type of alteration
are located within a large fold structure and in a regional shear zone crossing
through the property. This shear zone is part of a major crustal break that
extends east through the world-class Red Lake Gold Camp in Ontario 80 km to the
east.
The Lesavage North property is located adjacent to the provincial highway and is
20 km east of the newly reopened Rice Lake Gold mine and mill in Bissett,
Manitoba operated by San Gold Corp (SGR:TSXV).
Harvest Gold Corporation is a mineral exploration company working in the mining
friendly jurisdictions of Nevada, USA and Manitoba, Canada. In Nevada, Harvest
is exploring a large generative gold property at Garcia Flats in the South
Carlin Trend and has an advanced property with a gold-silver resource at the
Longstreet Mine, in Northern Nye County.. In Manitoba, Harvest is exploring
three groups of claims in the Rice Lake Gold Belt in SE Manitoba and is the JV
partner of Canadian Gold Hunter (CGH.T) at Assean Lake, near Split Lake,
Manitoba.
The contents of this press release have been reviewed by the Company's VP
Exploration, Dr. George Gale, who is a Qualified Person as defined by NI 43-101.
On behalf of the Board of Directors,
John Roozendaal, B.Sc.
President,
Harvest Gold Corporation
For more information about Harvest Gold
Corporation, please review the company’s website www.harvestgoldcorp.com or
speak with a Company representative at 1-866-816-0118 or 604-986-2020.
The TSX Venture Exchange has not reviewed
this press release and does not
accept responsibility for the adequacy or
accuracy of this release.
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